recession
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US logistics markets gripped by uncertainty
The annual US Council of Supply Chain Management Professionals (CSCMP) 'State of The Logistics Nation' report has described an American logistics sector hit badly by the recession, yet uncertain about the nature of the recovery. The report noted t…
30 June 2010
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Demand growing faster than expected
Demand for both international air travel and air freight accelerated in March with the rebound on the back of economic recovery exceeding expectations, the International Air Transport Association (IATA) said this week. IATA said the air traffic …
30 April 2010
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Cargolux reports dire 2009 results
Cargolux reported a 2009 net loss of US$153 million, nearly triple its $61 million deficit in 2008, with revenue dropping 34 per cent to $1.3 billion as the global air cargo market contracted severely. "2009 was arguably the most difficult year in …
30 April 2010
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PACTL builds customer base despite recession
While the severe global recession was affecting many companies last year, Shanghai Pudong Int’l Airport Cargo Terminal Co., Ltd adopted an aggressive marketing strategy to woo new customers. And it appears to have worked with Cathay Pacific Airways, Dragonair, Air Hong Kong, Air Cargo Germany and most recently, Air China, joining. Wong Joon San reports.
01 February 2010
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Year-end jump in cargo volumes at Changi
Like many airports around the world, Singapore's Changi Airport registered a strong rebound in both cargo and passenger volumes in the last quarter of 2009. December saw a 15.7 per cent rise in cargo throughput to 149,700 tonnes in December compared …
21 January 2010
